USA Rare Earth to Acquire Brazil's Serra Verde for $2.8 Billion
USA Rare Earth agreed to acquire Brazil's Serra Verde in a $2.8 billion deal aimed at building rare-earth supply outside Asia. The transaction was described as a cash-and-stock deal.
USA Rare Earth said the acquisition would add the producing Pela Ema mine and processing plant in Brazil, giving the combined company operating capabilities across mining, processing, separation, metallization, and magnet making.
From the sources (8 posts)
@cnbcUSA Rare Earth to buy Brazil's Serra Verde for $2.8 billion to build supply outside Asia
@zerohedgeUSA Rare Earth to Buy Brazil’s Serra Verde in $2.8 Billion Deal
@staunovoUSA Rare Earth to Acquire Serra Verde in $2.8 Billion Deal The deal is seen strengthening USA Rare Earth’s mine-to-magnets supply chain amid geopolitical tensions between the U.S. and China
@staunovoUSA Rare Earth to Buy Brazil’s Serra Verde in $2.8 Billion Deal
@staunovoUSA Rare Earth to acquire Brazil's Serra Verde for $2.8 billion
@businessUSA Rare Earth agreed to acquire Brazil’s Serra Verde in a cash-and-stock transaction, adding to a string of recent deals in the industry
@firstsquawkGERMANY'S MERZ SEES POTENTIAL IN BRAZIL FOR CRITICAL METALS, OFFERS TECH SUPPORT
@wallstengine$USAR to acquire Serra Verde Group in a $2.8B deal, made up of $300M in cash and 126.849M new shares. The deal gives USA Rare Earth access to Brazil’s Serra Verde operation, which the company says is the only large-scale producer outside As